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IMF Believes Central Banks Need Strong Legal Frameworks for CBDCs to Work

IMF Believes Central Banks Need Strong Legal Frameworks for CBDCs to Work

The issuance of CBDCs by apex global banks has become a hot topic in the crypto space, and the IMF has delved into it with some precautionary measures.

IMF Official Talks Benefits and Shortcomings of CBDCs, Proposes a Hybrid Solution

IMF Official Talks Benefits and Shortcomings of CBDCs, Proposes a Hybrid Solution

Tao Zhang, deputy managing director of the International Monetary Fund (IMF), acknowledges the tremendous promise that CBDCs hold and challenges lying ahead.

Ethereum Dominates Bitcoin on CEX.IO Crypto Exchange

Ethereum Dominates Bitcoin on CEX.IO Crypto Exchange

Chief Technology Officer of CEX crypto exchange has reported that Ethereum (ETH) on its platform has spiked up in the past week, as opposed to Bitcoin.

CFTC’s New Chief Supports Blockchain Technology

CFTC’s New Chief Supports Blockchain Technology

The Commodity Futures and Trading Commissions, CFTC appointed a new chief who is also pro-crypto. Just as his predecessor J. Christopher Giancarlo, appears to have supported the established pro-crypto/pro-blockchain approach. In a recent interview, the newly appointed chief, Heath Tarbert gave a favorable opinion of blockchain technology.

Fed Reserve Chair Says Central Bank Needs to Issue Digital Currency Right not First

Fed Reserve Chair Says Central Bank Needs to Issue Digital Currency Right not First

Jerome Powell, the Federal Reserve chairman, discussed digital currencies and cross-border payments on an IMF panel, revealing the United States' approach to CBDC.

Bank of America Plays Ripple Project Close to Chest

Bank of America Plays Ripple Project Close to Chest

Bank of America (B of A) has been keeping its blockchain contingency plans under wraps for the better half of a decade.

IMF Educational Cryptocurrency Video Receives Backlash from Bitcoin and Crypto Experts

IMF Educational Cryptocurrency Video Receives Backlash from Bitcoin and Crypto Experts

A video posted by the International Monetary Fund (IMF) on its social platform has generated a lot of criticism from the cryptocurrency community.

IMF Chief Economist Says Crypto Won’t Threaten Dollar Dominance Although Global Reserves Decline

IMF Chief Economist Says Crypto Won’t Threaten Dollar Dominance Although Global Reserves Decline

The Chief Economist of the International Monetary Fund (IMF), Gita Gopinath, expressed in an opinion piece in the Financial Times that digital currencies would not displace the US Dollar as the currency that dominates the global trade and finance.

Tron CEO Justin Sun Denies Allegations of Third-Party Celebrity Promotions of TRX Cryptocurrency

Tron CEO Justin Sun Denies Allegations of Third-Party Celebrity Promotions of TRX Cryptocurrency

Tron Foundation’s Chief Executive Officer Justin Sun has come forward publicly to address the allegations that he paid celebrities to promote Tron.

HKEX Executive Director, Chief Executive: The LSEG-HKEX Merger Proposal in Context

HKEX Executive Director, Chief Executive: The LSEG-HKEX Merger Proposal in Context

HKEX formally announced today its intention to merge with London Stock Exchange Group.

eToro's Survey Reveals 40% of Millennials Could Favor Crypto Investment In Recession

eToro's Survey Reveals 40% of Millennials Could Favor Crypto Investment In Recession

A survey by eToro has revealed that 40% of Millennials could favor cryptocurrency investment if a recession was instigated by the US-China trade war.

Former HKEX Executive: Will HkbitEX Issue Its First STO Project Next Year?

Former HKEX Executive: Will HkbitEX Issue Its First STO Project Next Year?

On a forum, the Chief Development Officer of HKbitEX said that she hoped the company would issue its first security token offering (STO) project in 2021.

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